The Spanish government has granted €150m ($166m) to a French-owned green hydrogen project for which it originally sought clearance from the EU to grant €220m — however details about the project are thin on the ground.
The so-called Green Cobra project, under development by Cobra Instalaciones y Servicios (Cobra IS) a subsidiary of French infrastructure firm Vinci, aims to develop a “complete green hydrogen supply chain in Spain, including the production, storage, transportation and distribution of hydrogen”, according to Spain’s minister of industry and tourism, Jordi Hereu, at a press conference today (Tuesday).